What information must be provided for each prearrangement funeral service contract trust fund?

The correct response pertains to the requirements for prearrangement funeral service contract trust funds, which are designed to ensure that funds set aside for future funeral services are properly managed and secure. For each prearrangement funeral service contract trust fund, it is essential to provide the depository name and account number. This information allows for transparency and accountability regarding where the funds are held, ensuring that consumers' prepayments are safe and accessible when needed.

Having the depository name indicates which financial institution is responsible for holding the funds, while the account number provides a specific reference to track and manage the funds effectively. This level of detail protects consumers by allowing regulatory bodies to verify the existence and status of the trust funds.

The other options, while they may have relevance in broader contexts regarding funeral services or operational practices, do not specifically address the critical need for financial security and transparency in prearranged funeral contracts. For example, the history of funeral home ownership might be useful for establishing credibility, but it does not relate to the management of financial resources tied to prearrangement contracts, similarly to staff qualifications or local market analysis, which focus on operational aspects rather than on the handling of trust funds.